Member Info for jedclampit

Tom I think you will find it's £10 ebita profit , not rev.

Sorry but what it shows is you don't know what you are talking about.
Stay off this board if you are out now, we don't need to know your wrong thoughts.

Is now the SP is only worth about 1/4 of what is was from the highs. and more thousands of shares being given away free to the directors in 200 x and 300x of apy.

Well that's good news and taken everyone by surprise, maybe ITV are going on a big growth stage and maybe this will be the start of the turn round for SP.

Yes I guess they could do that at £1.40 with shareholders approval.

So let’s just look at what Centrica have been doing over the last year
Centrica plc preliminary results for the year ended 31 December 2021
Strengthened and de-risked the balance sheet. Closing net cash of £0.7bn compared to net debt of £3.0bn at the start of 2021.
As part of the transaction, originally announced on 8 December 2021, all decommissioning liabilities associated with the assets (approximately £800m) will also transfer to the buyers. The final headline consideration may rise to $1.2 billion dependent on commodity prices.and completion of the transaction is expected to occur on 31 May 2022.
So net debt should be well down this year.
Now with gas / electric prices all going up Centrica will / have continued to make good profits because it’s the customers that will have to carry on paying their bills and with the government now giving Centrica £400 for every customer account it’s Centrica that will almost be G/Tee making good profits for the rest of this year and next, you could almost say the Government is paying Centrica’s profits.
So from where I am looking Centrica can’t lose, can they?

Well it went down to 78p only a few weeks ago, so anything is possible.

So are we going to see 80p again ?

If you have been holding for ages , pray please tel us what your ave is now, and how many you hold?

Strange move down today when sofar only 2l shares sold against 20ml bought.
Unles they have dropped the SP so someone can buy big !!!
In which case it should come back fast.

I would hope so but I won't say back to £1 next week, not just yet. !!!!!

Yes Mike but if you look closely they have bought more shares as part of their salary agreement instead of bonuses etc so NOT with their own cash out of their banks. But long term yes they could be right, just how long is long term.

Hi Mike, you might be correct but who says any of that info / prosects is correct and going to happen.
Many think it will but there are NO G/tees and it's just your view and again you might be right but no one will know that until it happens which could be another 1-2-3 years away.

It's in the Mail today, it's all about Centrica having applied to open more gas storage in the North sea to see us through the winter but want government support with the costs to move forward. They are now waiting for the approval to move forward.

Hi Mike, yes sometimes this long term plan works and I have tried that as well, but sometimes after holding stocks 1-2 years down the line the company comes out with rights/ sales and profit turn downs and the SP crashes and your money is then locked in for years.
After 40 old years of this I prefer to keep my eyes on whats going on day to day so you can react. everyone to their own and that way we cannot blame anyone else for losses or profits.

It's always possible of course that some / many traders would have been buying / selling over the last few months and made good profits, while you have just been spending more money and holding larger amounts of shares and cash waiting for some time in the future say 12 months to get your profits although they could be bigger.
It's all relative.

Forgive me and correct me if I am wrong, but I thought they were still only talking about putting in a bid for C4 which is / could be in 2023/2024.
I don't think anyone has yet put any bids in as the government hasn't 100% decided to go with it.
But hey I could have missed something.

Come on , what's going on with the SP it should be up to £1 by now following good news on sale plus broker up-dates.
I don't think there is any way the Government is going to make BG pay a extra profit tax when they are / will be giving BG money to off-set customers bills.

It's getting difficult to keep up with the holdings,
As far as I can see Constellation must own about 26% now, Pendal group holding about 10.16%, Artimis about 11%.
So that about 47% held by 3 companies. sooner or later someone's going to make a move.

Sorry but I think your in a dream, cheaper flights now can anyone see that happening. Just look at the price of Gas it did peak at what about 430, now it's 174 and many companies will be / have been buying forward at these prices for the next year or so, but will the price come back down my as***.
It's just like oil over the years it has been high then low and OK the middle east produce more oil when and if they like but they just love high prices and will keep them as high as possible until the world has had enough.
Everyone is just taking this opportunity to raise whatever price they can get away with and that will also go for long haul flights and hence downturn for RR. Now I hope I am wrong but. !!!!